Price controls and biotechnology innovation: are state government policies reducing research and innovation by the ag biotech industry in India?

Author:

Pray, Carl; Nagarajan, Latha

Keywords:

hybridizationgenetically modified cotton

Date:

2010

Publisher:

AgBioForum

Citation:

AgBioForum, 13(4) 2010: 297-307.

Abstract:

In 2006, the governments of major cotton-producing states in India ordered all seed companies to lower their prices of Bt cotton
seed to Rs. 750 per packet of seed, down from Rs. 1,600 per packet. Although biotech firms challenged these price controls at the Supreme-Court level, the controls are still in effect. It is obvious that farmers will benefit from these price reductions in
the short run. An important question for farmers and policy makers, however, is whether these price controls are having a chilling
effect on biotech research and innovation in India, which could harm farmers in the long run.

URI:

http://hdl.handle.net/10355/9965

ISSN:

1522-936X

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